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American Commercial Barge Line CEO Mark Knoy gives an interview on inland waterway market conditions. He says there are too many barges in both the dry and liquid markets, which has produced cheap freight rates, and he points to coal as the main dry-cargo culprit.
Surplus barge capacity keeps river freight cheap, which supports lower transport costs for grain and meal shipments on the Mississippi system.
marinelink.comMarine NewsMay 30, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
